In December 2020 the FDA approved Pfizer and Moderna’s COVID-19 vaccines for use in the United States, with industry observers expecting additional vaccines soon to follow. Although widespread distribution of the vaccines won’t likely occur until the second quarter of 2021, it’s important for organizations to understand that implications of the COVID-19 vaccine on employer health plans.
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The COVID-19 vaccine will play a primary role in prevention and be a significant factor in keeping employees healthy and at work. Through a series of FAQs, learn more about the vaccine’s impact on health and wellness strategies and how to best integrate a vaccine program into your organization.
The unprecedented timeline of the COVID-19 vaccine becoming available has raised concerns about its safety and efficacy. With the vaccine being widely available, employers have a responsibility to address employee concerns. Begin by learning more about what to consider when developing a COVID-19 vaccination program for your organization.
For employers seeking guidance on how to address a COVID-19 vaccination policy, this guide outlines key points when considering whether to go with a mandatory or voluntary vaccination policy. It highlights the EEOC’s position on a mandatory vaccination policy, allowance for reasonable accommodations under the Americans with Disabilities Act, potential privacy concerns, incentivization for getting vaccinated, and other legal risks under federal and state law.
Transformation is not a new idea in the world of family businesses, but it has taken on a new meaning in the post-pandemic environment that has challenged the old way of thinking. Recognizing the need to transform, family businesses are keeping their minds open and turning emerging trends into the drivers of their future growth and success.
While China has denied engaging in espionage efforts as outlined in the joint warning from the U.S. and British law enforcement agencies, it is crucial for businesses to defend against the threat and the cybersecurity attacks that can come at any time from any nation state threat actors. Businesses of all kinds should consider immediate and ongoing actions to protect their intellectual property and critical infrastructure activities, beginning with reviewing patching policies and procedures.
Diving deep into the metrics from more than 1,270 data security incidents, this one-of-a-kind report features actionable insights and checklists to help companies improve their data security measures and operational resilience. Key findings reveal ransomware remains front and center; companies are becoming more resilient after making investments in security enhancements; a change in the risk landscape with the use of cloud assets; and e-crime continuing with a surge in wire fraud.
Attracting and retaining talent was a significant problem for many organizations before the COVID-19 pandemic, and it continues to be a major issue across most industries. While the pandemic complicated matters, business leaders should look at the talent challenge as an opportunity to reposition itself and take the necessary steps—including leveraging technology and supporting local apprenticeship and school outreach programs—to thrive in the short term and to enjoy success in the long term.
When selling a business, owners often focus on closing the deal. An additional focus on personal wealth planning opportunities could result in significant savings on income, gift, and estate taxes. This planning checklist outlines the key factors to consider.
Many family-owned businesses feel like a recession has started already, due to rising material and energy costs, continued labor shortages coupled with wage increases, and other factors. Whether heading towards a recession or not, companies should consider a combination of internally focused cost cutting and operating improvement measures, as well as market- and customer-facing strategic measures.